In Six Months, FRC Generates N725bn from Independent Revenue Fiscal Responsibility Commission (FRC) has disclosed that in the first half of 2022, it generated N725 billion in independent revenue. The chairman of FRC, Victor Muruako, said this yesterday in Lagos at the opening ceremony of a...

FG Losing Revenues As Companies Move To Free Zones - Tax Evasion The Chairman, House of Representatives Committee on Public Accounts, Oluwole Oke, revealed this during a Dialogue on Growth Initiative for Fiscal Transparency (GIFT) in Abuja. It is a dialogue series supported by USAID...

Over N2trn Remitted Through Our Work, Says FRC Boss       The Fiscal Responsibility Commission (FRC) says it has caused over N2tn to be remitted into Consolidated Revenue Account federation account since inception in 2007. The chairman of the commission, Victor Muruako stated this when he appeared before...

MDAs Failed To Account For N1.2trn – FRC       The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...

MDAs Failed To Remit N1trn Revenue - FRC     Ministries, departments and agencies of the Federal Government are in deficit of over N1tn to the Consolidated Revenue Fund, the Fiscal Responsibility Commission announced on Wednesday. It also announced that the FRC and the Independent Corrupt Practices and...